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EU Auto Giants Call For 'Made In Europe' Incentives Amid Rising Chinese Competition
EU Auto Giants Call For 'Made In Europe' Incentives Amid Rising Chinese Competition
Europe's largest automakers are stepping up efforts to secure stronger support for domestic vehicle manufacturing as competition from Chinese electric vehicle producers intensifies. Renault, Volkswagen, and Stellantis have jointly urged EU policymakers to introduce rules that more heavily reward cars developed and produced within Europe, according to FT.
The companies are advocating for a straightforward local content requirement under which vehicles sold as European would need to source the majority of their components from within the EU and...
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Mar 26, 2026 / Tyler Durden
US Postal Service Plans 8% Fuel Surcharge As Iran War Raises Transport Costs
US Postal Service Plans 8% Fuel Surcharge As Iran War Raises Transport Costs
By Eric Kulisch of FreightWaves,
The U.S. Postal Service is seeking permission to impose a fuel surcharge on parcel products for the first time ever to cover soaring transportation costs for gasoline and diesel fuel, which have jumped more than 30% since the invasion of Iran by the United States and Israel nearly a month ago.
Parcel shipments would be charged an 8% fee, on top of their regular transportation charge, if the fee is approved.
The quasi-private agency on...
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Mar 5, 2026 / Tyler Durden
There Is A Growing Willingness By Europe To Contribute To Regional Security
Jul 23, 2026 / Tyler Durden
"Closing Time" On The AI Bubble Is Sooner Than Most Think; Ed Dowd Warns Iran War Brings Global Recession Closer
"Closing Time" On The AI Bubble Is Sooner Than Most Think; Ed Dowd Warns Iran War Brings Global Recession Closer
Via Greg Hunter’s USAWatchdog.com,
Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com warned at the end of May we could see “$250 a barrel oil and 11% inflation as a worst-case scenario in 2026.”
That didn’t happen... yet. Dowd explains, “We had two scenarios when we talked last..."
" One was the conflict would get resolved in the April – May time frame.
Oil would peak out around $125 (per barrel), and inflation would...
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